Amer Sports, the parent company of outdoor brands including Salomon, Arc’teryx, Peak Performance, Atomic, Suunto, has decided to apply for the termination of public trading in Amer Sports’ shares and for the delisting of Amer Sports’ shares from the official list of Nasdaq Helsinki.
The company will submit a delisting application to Nasdaq Helsinki requesting that the quotation of Amer Sports’ shares on the official list of Nasdaq Helsinki be terminated as soon as possible. This follows investment consortium Mascot Bidco Oy gaining title to all the shares in Amer Sports. Earlier this year, Amer Sports confirmed that following the transaction with Mascot Bidco Oy, it would be delisted and become a privately-owned company. According to the company, Amer Sports will continue as an independent company with its head office in Helsinki, Finland.